August

Jesus First | Crypto Options Trader

[August @AugustBTC]

Crypto options desk update:

It's days like these when crypto and the stock market are down bad that I like to make such posts. Full transparency as always 😁

Down 75% YTD on the challenge account.
Started with around $700 in February in the pits of the bear market. That's why YTD is so harsh while I worked out a real system.

The goal? Get to $10,000.

Keeping it real simple, I believe we're at the cusp of a bull market:

- Long $BTC (with some options to hedge)
- Long $MSTR

Trusting the process and being patient.

Trading platform: @DeribitOfficial

[August @AugustBTC]

@TheProfInvestor Damnn

[August @AugustBTC]

@TJTheWheelDeal Don’t say that to my coin 😂😭

[August @AugustBTC]

@KobeissiLetter This must be a joke right? 😂

[August @AugustBTC]

@darkminer You can’t lose if you don’t sell 🫡👀

[August @AugustBTC]

@seth_fin We will still bounce to the upside. Bitcoin has been through worse. What’s another crash?

[August @AugustBTC]

@RoInOrbit Absolutely 🫡

[August @AugustBTC]

Crypto options desk update:

It's days like these when crypto and the stock market are down bad that I like to make such posts. Full transparency as always 😁

Down 75% YTD on the challenge account.
Started with around $700 in February in the pits of the bear market. That's why YTD is so harsh while I worked out a real system.

The goal? Get to $10,000.

Keeping it real simple, I believe we're at the cusp of a bull market:

- Long $BTC (with some options to hedge)
- Long $MSTR

Trusting the process and being patient.

Trading platform: @DeribitOfficial

[August @AugustBTC]

@Brownmoose It’s inevitable

[August @AugustBTC]

@TedPillows First of its kind. What if it’s a great sign.

[August @AugustBTC]

@optionscjp Huge if true

[August @AugustBTC]

@darkminer Patience pays 🙏

[August @AugustBTC]

Weekly recap (roughly Nov 1–6, 2026)

Bitcoin & crypto:
- $BTC opened near $78k, spiked to ~$81k midweek, then sold off. Trading around $75.5k–$76k by Friday. Down ~3% on the week, heading for a fifth straight red weekly close.
- Lows near $74.8k–$75k after Thursday’s equity dump and the jobs number.
- Spot BTC ETFs on track for a second weekly outflow (~$870M net through Thursday).

Stocks & macro:
- Thursday was ugly. Nasdaq –5.5% (into correction, ~12% off the October high). S&P –4.4%. Roughly $2.5–3T wiped. Worst session since the April 2025 tariff shock. AI/tech names (Nvidia, hyperscalers, etc.) got hit hardest.
- Trigger: Democratic midterm sweep raised fears of tighter AI/data-center regulation. Brief post-election bounce on Wednesday reversed hard.
- October jobs strong (+165k, unemployment 4.1%). Markets now pricing a high chance (~78%) of a December Fed hike.

Politics & geopolitics:
- US midterms (Nov 3): Democrats took both the House and Senate. Big gains, including flips in places like Texas, Kansas, Ohio. Trump’s party loses control of Congress for the rest of the term.
- Iran conflict / Hormuz tensions still in the background (energy prices, uncertainty). Some noise around Ukraine talks, but nothing decisive.

What it means: Neutral to cautiously bullish for Bitcoin.

Short term it is still trading like a leveraged tech proxy. Liquidity is thinner, ETFs are leaking, and leveraged longs got cleaned out. That can continue if risk-off persists.

Longer term the case does not change. Elevated inflation, high rates that still fail to crush prices, political gridlock, ongoing geopolitical friction, and the same debt/deficit trajectory all sit in the background. Bitcoin does not need a clean narrative or a soft Fed to accumulate. It just needs time and continued demand for something outside the system.

Positioning without prediction. The tape is messy. The structure underneath is not.

[August @AugustBTC]

@pepemoonboy I think that’s a very good Strat. CC is gold right now until we have a sustainable rally

[August @AugustBTC]

@InvestingAddict Congratulations 🙌

[August @AugustBTC]

@BitcoinTeacher_ Good job for only one days work.

[August @AugustBTC]

@optionscjp Bullish on marvel?

[August @AugustBTC]

@MattLivesWell I’m sure you have it all figured it bro. Rooting for you 🙏. Not too bad, crypto port is in deep red but it’s all unrealised losses until you sell right 😁

[August @AugustBTC]

@AAStack Absolutely

[August @AugustBTC]

Crypto options desk update:

Closing the brutal week at -1.49%. Oh wait, crypto is 24/7.

Road to $10,000

[August @AugustBTC]

@MattLivesWell Very nice bro and for cashflow? Will be a full time investor/trader?